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Bitcoin Falls Asleep

bitcoin

Bitcoin is locked in a trading range.

There are two ways to play a trading range:

  1. Bet long or short, or
  2. Wait for a breakout, then trade accordingly

Surely, savvy traders know that waiting for a breakout is veteran move. Sometimes sitting and waiting is the best trading strategy of all.

Technical Analysis: Bitcoin US Dollars

bitcoin price chart
Bitcoin is locked in a trading range

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